ABSTRACT

Global value chains (GVCs) are fraught with the phenomenon of fragmentation and dispersion of production across the world. India presents a unique example with its high potential in manufacturing capability but low integration in GVCs. This book examines the reasons why India has failed to integrate within GVCs so far and looks at key examples to understand the impediments in this process. The chapters bring together case studies from across the manufacturing industry – labour-intensive (garment, paper and diamond), capital-intensive (automobile and petrochemical), and knowledge-intensive (semi-conductor microchip, chemical and pharmaceutical) sectors. Together, they present stories of successful integration of some firms in GVCs as well as the difficulties faced by them. The volume also highlights the importance of GVCs in the context of developing countries in terms of benefits such as income and value generation, knowledge and technology collaborations, and advances in systems and processes.

This book will interest scholars and researchers in economics, international trade studies, development economics and business management as well as to practitioners, policymakers, government officials, and those in the corporate sector.

part I|12 pages

Concepts and framework

chapter 1|10 pages

Introduction

part II|128 pages

Evidence of India’s integration

part III|103 pages

Integration across sectors

chapter 6|17 pages

Integration in the automobile value chain

The case of India

chapter 7|13 pages

India in the chemical GVCs

chapter 9|17 pages

Integration in the pharmaceutical value chain

The case of formulations in India

chapter 11|14 pages

Integration in the garments value chain

The case of India

chapter 12|12 pages

Integration in the specialty chemicals value chain

The case of India

part IV|18 pages

Conclusion and policy implications

chapter 13|8 pages

Sectors that hold promise

chapter 14|8 pages

Conclusion